Zeustra Healthcare Real Estate Advisors is pleased to present 1133 E Chestnut Avenue, a rare two-building medical office and surgery center portfolio in Vineland, NJ. The 13,900 SF property is 100% leased to three established medical tenants, anchored by Pulse Vascular—a fully accredited ambulatory surgery center. Pulse Vascular recently acquired the long-standing ASC practice and assumed a NN lease through August 2028, offering minimal landlord responsibilities and ensuring long-term income stability.
With a 9.5% cap rate, ASC rent well below market at $25.25 NN, and pricing significantly under replacement cost, the property offers immediate stable cash flow and substantial value-add potential. Situated in a prime medical corridor just minutes from Inspira Medical Center Vineland, and located in a CON-protected state with limited surgical competition, this investment is positioned for both near-term upside and long-term growth.